Time travel and tell a person from the 1940s or maybe 50s that air travel will rule the travel industry in the near future. I am sure either he will ignore you or would enter into a debate with you. Such has been the rise of air travel, which has become a giant nowadays. Among …
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Effective planning is what separates a successful organization from the rest of the lot. With plans in place, an enterprise can not only prepare for the future but also indulge in accurate decision-making. This creates the need for a demand planner who is responsible for analyzing the demands patterns of the company using statistics and …
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The importance of chemists is at par with the medical professionals. In fact, their work starts much before in the sequence. A chemist is usually involved in the research, development, and production of medicines and other compounds that are later on prescribed by doctors and medical practitioners. They usually have bright prospects, gain a lucrative …
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The executive level, often known as the C-suite of a business organization comprises some of the highly qualified professionals, such as Chief Executive Officer (CEO), Chief Financial Officer (CFO), Chief Operating Officer (COO), etc. who form the backbone of a company and are responsible for its running, operating and managing. The vacancies at these positions …
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Human resources have been widely regarded as assets and vital cogs that ensure success and profitability for a business organization. Without the hard work, perseverance, and diligence of employees, no company can progress and ascend. “Money” is a major motivator that prompts individuals to perform to the best of their abilities and achieve their goals …
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Insurance is a thriving business and witnesses a huge annual turnover that hovers around billions of dollars every year. For every correct and legitimate claim, insurance companies offer compensation as per the applicable terms and circumstances. With rising frauds and deceptions on the part of insurers, insurance companies hire claim adjusters to verify, investigate and …
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Recording, and classifying financial transactions not only helps a business organization to understand their financial standing but also helps in making long-term business decisions. Accounting is an essential need for companies and makes them compliant with the existing laws and regulations. Within the several processes, lies the position of accounts receivable, whose primary responsibility is …
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Ask entrepreneurs. It takes some serious effort and will to set up and run a profitable business organization, which is based on trade secrets, business practices, and other valuable information that belongs to the promoters. This knowledge is an accumulation of years of experience, setbacks, and disappointments that defines the business, structure, and overall culture …
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What is the one thing that you like the most? Your family, that’s fine. Oh, not family, but your country, that’s more than fine. But, what about money? Yeah, that’s the real deal now. Finance is the backbone of every person, and it will not be wrong to say that everybody works hard in order …
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Credit sales of goods and services often form an integral part of every business. Companies engage in acceptable terms with their customers/debtors so as to stimulate sales and achieve their revenue targets. These goods or services sold on credit have a high potential of turning into bad debt, due to complete or partial non-collection of …
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Medical professionals are highly respected and honored for their services to humanity all over the world. Dental assistants act as the primary help to the senior dental doctors. They perform the duties and functions, which primarily aids and assist the doctor in chief. Being an important profession, dental assistants usually fetch lucrative salaries and benefits. …
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Doing business has always been challenging. Not only because of the competitors out there but also due to the presence of ever-changing business conditions marred by legal, political, and socio-economic factors. When businesses adapt to their changing surroundings, it is common for employers to expect adaptability from you as well, which is one of the …
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The process of hiring begins with Screening. This is usually conducted to promote those candidates onto the second round that match the expectations of the business organization, possess requisite personality, and most importantly would fit in the culture of the company. Screening can also be considered the first round of selection, wherein the level of …
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Raytheon is a defense conglomerate having its headquarters in Massachusetts, U. S. A. This company was established by the name of American Appliance Company in the year 1922 by Lawrence Marshal, Charles Smith, and Vannevar Bush. The company has made rapid progress and presently it is a $100 billion business organization, which is known for …
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The first round of an interview session is more of a screening round, which is used to eliminate the non-serious or under-prepared candidates. The second round that usually follows it, is more of an engrossing, deep, and intellectual round wherein the level of questions would be raised and your personality, approach, and core domain knowledge …
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It might be boring. Might lack the glamour and the praise. But, it is the heartbeat of every business organization that pumps blood and keeps it running. No more guessing and head-scratching, we are talking about business analysis. It is an established fact that seldom does an organization survive without proper analysis and assessment of …
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What do customers want from an organization? Some nerds are saying they want goods and services for free. But that’s not true. Customer satisfaction is an important milestone for most business organizations that not only enhances brand awareness but also maintains profitability due to consistent revenues. A delivery manager is usually hired by the business …
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This world has moved forward from all the cultural barriers of racism, ethnic preference, and race priority. A prime example of this can be seen in the business organizations operating across the world. Their workforce is not limited to the people of a particular region but accommodates employees from different religions, castes, creeds, and ethnicities. …
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Headquartered in New York City, Goldman Sachs is a financial services giant that has interests in multi-disciplinary fields of finance and investment banking. The legacy of this prestigious institution is more than 150 years old, which is makes it the world’s biggest investment banking enterprise in the world by revenue. It is no wonder, that …
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Business organizations led by seasoned investors and veteran management are often not a fan of one-time success. These professionals believe in sustained and consistent triumphs, which is largely possible through efficient analysis of the organizational data. This is the primary reason why enterprises prefer to hire a management analyst whose primary responsibility is to engage …
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Ask business owners, it takes a lot of effort and energy to supervise, manage and oversee the day-to-day office operations. This challenging task is performed by the Office managers, who are responsible to: Perform the administrative functions Manage the office supplies and stationery items Sort, arrange and order the business files Supports the office staff …
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Leisure is a need. Travelling gives you the ultimate break and rejuvenates you from your boring daily routine. Be it a CEO of the company or be it a doorman, everybody feels the need to take a break from their work. This need for a break is usually translated into action, by going for holidays. …
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We all can do business and either manufacture or trade the goods. We all have the ability to provide services. Yet, not all of us are successful. The primary reason for this failure lies in our marketing efforts. Marketing is undoubtedly the essence of every business organization without which there will never be enough customers …
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Every business organization maintains and operates in its cultural environment, which is usually influenced by the company policies, rules, guidelines, diversity in the workforce, training of the managers, level of delegation and centralization, etc. In order to achieve success and overall satisfaction, it is necessary for every employee of the company to imbibe and enjoy …
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Advertisements play a huge role in stimulating sales for a business organization. It not only creates brand awareness for the company but also develops a sense of quality and trust among the prospective customers. Having said so, advertisements are the most expensive form of promotion and lead to a huge cash burnout. Thus, it is …
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Logistics is an important element of business. It not only serves place utility but also helps in enhancing consumer experiences. Business organizations usually maintain a fleet of trucks, vans, and other vehicles to transport the products from their warehouse to collection places (godowns, warehouses, etc) maintained by other participants of the distribution channel. A fleet …
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